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TAMPA BAY MARKET REPORT – AUGUST 2017

August stats are in and Pinellas, Pasco, and Hillsborough Counties are still showing a strong seller’s market, but Pinellas and Hillsborough did see a decrease in average sales price between July and August. All three counties decreased in active listings, which contributes to the lack of inventory as seen around the country. There are about two and a half months of inventory on the market with less than 30 days on average for a contract to be in place on a single family home.